Great American Insurance Group Hiring For Senior Account Executive (underwriter) at Los Angeles, CA, United States Full Time

Job Description

Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group’s member companies are subsidiaries of American Financial Group, a Fortune 500 company. We combine a “small company” culture where your ideas will be heard with “big company” expertise to help you succeed. With over 30 specialty property and casualty operations, there are always opportunities here to learn and grow.
At Great American, we value the unique perspective each of our employees bring to the workplace. We know that when people with different cultures, backgrounds and experiences work collaboratively, we can exceed our business objectives. We are dedicated to attracting, developing and retaining a diverse workforce that fosters creativity and enables our ongoing success.
Our Fidelity / Crime Division is one of the largest monoline crime insurers in North America, underwriting private and public businesses, financial institutions, and governmental entities. Additionally, Fidelity / Crime offers specialized products and programs for kidnap, ransom & extortion, casinos and gaming operations, armored car companies, mining risks, ATM companies, security guards, check cashers and fine art.
We are currently searching for a Senior Account Executive (Underwriter) in Southern California with possibility of working from home or from one of Great American’s office in either Los Angeles, CA or Orange, CA. Based on experience, background, and other factors, we are open to considering candidates from Arizona or Nevada.
The role of the Senior Account Executive is to market, underwrite and produce profitable Fidelity and Crime business in accordance with Company objectives and policies. This is a salaried position and not commissioned sales.
Essential Job Functions and Responsibilities

• Has responsibility for low to moderately complex risk selection/rejection, pricing, retention, growth, and profitability within scope of authority and per divisional objectives.

• Uses independent judgment and initiative to support business goals.

• Maintains a high level of customer service.

• Receives and analyzes submissions and determines terms to offer (policy limits, credit limits, deductibles, coverage options and conditions, work programs, etc.).

• Prices business in accordance with company guidelines.

• Assesses risk quality and compliance within company guidelines.

• Orders and analyzes miscellaneous business reports needed in the rating and underwriting processes, including credit checks, bank agreements, financial statements, and underwriting surveys.

• Makes recommendations on risks over authority.

• Enters, maintains and monitors accounts using underwriting, analysis, and desktop systems.

• Prepares effective internal and external communications on underwriting issues.

• Develops and maintains effective business relationships with internal and external customers/coworkers in order to attract and retain profitable business.

• Visits producers and principals in order to retain existing accounts, build and maintain business relationships, and develop new opportunities in support of divisional objectives

• Interacts, explains, and markets products and services.

• Applies underwriting rules and guidelines, rating manual rules, and insurance laws and regulations.

• May provide guidance and assistance to less experienced associates.

• May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports.

• Performs other duties as assigned.

Job Requirements

• Education: Bachelor’s Degree or equivalent experience. Master’s in Business Administration (MBA) preferred but not required.

• Field of Study: Finance, Accounting or a related discipline

• Experience: 4 to 6 years of related experience; Underwriters with multi-line experience with some fidelity/ crime experience are encouraged to apply

• High level of organizational skills, ability to establish priorities and meet deadlines.

• Proficiency in PC based programs and Microsoft Office.

• Must be open to day and overnight travel up to 20% of the time, to visit producers and insureds and attend industry or company events

Business Unit:
Fidelity / Crime
Number of Positions:
1Job Type: Full-time